FXCM
Forex in 60 Seconds - Citi Earnings Helps Carry, UK 2Q GDP Top Risk Next Week
Friday July 18, 09:53 PM
· Citi's earnings beat expectations, helps lift the carry trade back to levels of resistance.
· Next week's docket fills out with UK 2Q GDP, a RBNZ rate decision, Australian CPI and Canadian retail sales promising action.
Stories to watch on DailyFX
· With Freddie and Fannie concerns ease and earnings beat forecasts, the carry trade has found its way back to multi-month highs.
· Check out Kathy's take on next week's event risk.
Send any comments or questions to jkicklighter@dailyfx.com.
Source:John Kicklighter, Currency Analyst strategist@dailyfx.com
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